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. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the board spending cuts may be the only way we can get democrats to cut the budget. >> some out there in the financial markets they say look we need to cut four times more than the president is proposing under his $4 trillion plan. i'm curious your take why the president has been silent. i guess this is strategic. boehner gave an interview a press conference. he's giving a press conference tomorrow. earlier cnn was told the president won't say anything but tonight we heard he'll make a statement tomorrow. >> the election was two days ago. today is thursday. he'll make a statement tomorrow. markets are volati
. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the...
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mcconnell. is he planning on sitting down with those two republican leaders any time soon? is the white house saying? >> reporter: there's nothing announced for a leaders meeting so far. but i am certain, wolf, that that will be coming because there's such important negotiations ahead. i'm told that the president's conversation with speaker boehner was courteous, it was brief. and i'm told that they also discussed the importance of keeping their public statements vague or general enough so that they leave themselves enough private negotiating room to get a deal done to avoid the fiscal cliff, wolf. >> that's probably smart too. thanks very much for that, jessica. let's dig a little bit deeper right now with our chief political analyst gloria borger. isn't his responsibility right now though to take the first step, offer a proposal to boehner, to mcconnell, to the republicans? we assume that the democrats, nancy pelosi would go along and harry reid would go along with the president. >> well, i th
mcconnell. is he planning on sitting down with those two republican leaders any time soon? is the white house saying? >> reporter: there's nothing announced for a leaders meeting so far. but i am certain, wolf, that that will be coming because there's such important negotiations ahead. i'm told that the president's conversation with speaker boehner was courteous, it was brief. and i'm told that they also discussed the importance of keeping their public statements vague or general enough...
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it is not surprising, harry reid, mitch mcconnell, house speaker john boehner and house minority leader nancy pelosi. >>> the husband of gabrielle giffords says their long-term plan is to move forward and try not to look back at the day that giffords was shot. on january 8, 2011, loughner opened fire at a rally for gabrielle giffords. he shot her in the head at point-blank range. 12 others were wounded and six killed. yesterday a judge sentenced loughner to life in prison without the possible of parole. gabrielle giffords sat through the sentencing with her husband mark kelly by her side. kelly talked to our piers morgan about what it was like to be in that courtroom. >> it was certainly a little stressful. it was tense. especially when he walked in the room. when he responded to the judge. after a while i got to settle down a bit but just sitting there for all of the other victim impact statements is really a tough thing. you know, gabby said afterwards for her the biggest emotion was just sadness to hear story after story of what the impact of this horrible day had on people. it was r
it is not surprising, harry reid, mitch mcconnell, house speaker john boehner and house minority leader nancy pelosi. >>> the husband of gabrielle giffords says their long-term plan is to move forward and try not to look back at the day that giffords was shot. on january 8, 2011, loughner opened fire at a rally for gabrielle giffords. he shot her in the head at point-blank range. 12 others were wounded and six killed. yesterday a judge sentenced loughner to life in prison without the...
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mcconnell in the senate and to democratic leadership. the president telling them that he is committed to finding a bipartisan solution to some of the tough problems, such as cutting taxes for middle class americans, creating jobs. what's unclear at this point is what else will the president do beyond making phone calls? will he be invoighting the leadership here to the wit house? will they be having retreats elsewhere? what is cloer is already up on capitol hill the loweredship is talking about getting things done. >> by working together and creating a fairer, simpler, cleaner tax code we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines any lines in the sand. he isn't going to draw any lines in the sand, i don't believe. we need to work together. >> the president said he believes the message that the americans sent in the election is that they want members of congress, both parties, to put aside their diff
mcconnell in the senate and to democratic leadership. the president telling them that he is committed to finding a bipartisan solution to some of the tough problems, such as cutting taxes for middle class americans, creating jobs. what's unclear at this point is what else will the president do beyond making phone calls? will he be invoighting the leadership here to the wit house? will they be having retreats elsewhere? what is cloer is already up on capitol hill the loweredship is talking about...
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Nov 11, 2012
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both boehner and mitch mcconnell said taxes will simply not go up, period. >> bu i think you're missing the second part of the sentence which is they're willing to consider new revenue. there are lots of ways, in that old expression, to skin a cat. i thought john boehner the other day was quite emphatic in saying we are open to new revenues under the right framework. dave gergen is absolutely correct. i think this is a two-step deal. i think it's too ambitious with too little time to get to the grand bargain in the so-called lame duck session of the congress. but i think you can scrape together enough to avoid sequestration and avoid the fiscal cliff or fiscal slope. remember, they have to come up with only about $100 billion. i know that sounds weird. but $100 billion to set that aside. between spending cuts and perhaps some loophole closures i think they can raise it. but you can't confuse that with a long-term deal. >> john podesta, does the math work, though, which is if you close deductions for the wealthy people can you raise enough revenue? i think that's the fundamental question
both boehner and mitch mcconnell said taxes will simply not go up, period. >> bu i think you're missing the second part of the sentence which is they're willing to consider new revenue. there are lots of ways, in that old expression, to skin a cat. i thought john boehner the other day was quite emphatic in saying we are open to new revenues under the right framework. dave gergen is absolutely correct. i think this is a two-step deal. i think it's too ambitious with too little time to get...
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. >> on brightbart.com, mitch mcconnell piled on. i know some people out there think tuesday's results mean republicans in washington are now going to roll over and agree to democrat demands that we hike taxes before the end of the year. i'm here to tell them that there is no truth to that notion whatsoever, end quote. president obama campaigned on raising taxes of the wealthiest americans. his favorite line, we must all pay or faur shair share, even t taxing the wealthy won't solve the debt crisis. what does this all mean? we take our cue from "the prois price is right." that's right. because of this tire d argument we could fall off the much talked about fiscal cliff. we're waiting. cop on, mr. yodeler. we should have started this sooner. you get the picture. talk back today, should obama or republicans blink on taxes? facebook.com/carolcnn. facebook.com/carolcnn. your responses later this hour. >>> the ballots in florida not all counted yet. some of the races are coming down to the wire. will this act of florida's election history
. >> on brightbart.com, mitch mcconnell piled on. i know some people out there think tuesday's results mean republicans in washington are now going to roll over and agree to democrat demands that we hike taxes before the end of the year. i'm here to tell them that there is no truth to that notion whatsoever, end quote. president obama campaigned on raising taxes of the wealthiest americans. his favorite line, we must all pay or faur shair share, even t taxing the wealthy won't solve the...
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>> and mitch mcconnell -- >> and mitch mcconnell by the way. right. >> the president is in a different position now. re-elected by a pretty impressive margin than he was the last time he tried to forge a deal that collapsed. >> right. that was the debt ceiling. he had a real problem with that with the grand bargain. he also had after the 2010 midterms when he had a lame duck session of congress and he had to give on keeping the tax cuts for the wealthy. this is a president right now who believes he's got some leverage. he got re-elected. and these are republicans who are trying to figure out just who they are and what they stand for. and as you saw in the president's press conference earlier this week, he's somebody who studied the flaws of a second term. what he wants to do is make some progress without overreaching. it's very clear they're worried at the white house about doing some overreach here. if he can get a fiscal deal done, that will be very, very important for his legacy in the long-term. and he knows it. >> are the republicans opera
>> and mitch mcconnell -- >> and mitch mcconnell by the way. right. >> the president is in a different position now. re-elected by a pretty impressive margin than he was the last time he tried to forge a deal that collapsed. >> right. that was the debt ceiling. he had a real problem with that with the grand bargain. he also had after the 2010 midterms when he had a lame duck session of congress and he had to give on keeping the tax cuts for the wealthy. this is a...
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go to john boehner, go to mitch mcconnell and say let's promote these policies that help poor people that help the middle class that promote jobs. that's what the president's been trying to do. that's what he's calling for in saying that the wealthy should pay their fair share. it'd be nice of some of these moderate thinkers or new thinkers like jindal actually held the republicans who are in power to task a little more instead of kicking the last guy down the road. >> you tweeted this, ana navarro, livid at romney saying obama won because offered minorities "gifts." as if he didn't alienate hispanics enough wliel running. look in mirror, mitt. >> i'm very upset about the comments mitt romney made. it shows him having sour grapes. that's not a great exit for a man who just lost. you need to look at yourself, the campaign. go and look at the film. how did you run your campaign towards hispanic, african-americans? are you satisfied with what you did? does it correlate with the amount you got? also, it's frankly offensive. i can tell you as a hispanic republican, i find those comments o
go to john boehner, go to mitch mcconnell and say let's promote these policies that help poor people that help the middle class that promote jobs. that's what the president's been trying to do. that's what he's calling for in saying that the wealthy should pay their fair share. it'd be nice of some of these moderate thinkers or new thinkers like jindal actually held the republicans who are in power to task a little more instead of kicking the last guy down the road. >> you tweeted this,...